Lockheed Martin Corporation (LMT) Q4 2025 Earnings Call Transcript
Lockheed Martin (LMT) came out with quarterly earnings of $7.43 per share, beating the Zacks Consensus Estimate of $6.24 per share. This compares to earnings of $7.67 per share a year ago.
Although the revenue and EPS for Lockheed (LMT) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Lockheed Martin (LMT) came out with quarterly earnings of $5.8 per share, missing the Zacks Consensus Estimate of $6.24 per share. This compares to earnings of $7.67 per share a year ago.
Lockheed Martin approaches Q4 earnings with solid revenue growth expected, but higher costs and program charges may pressure profits.
Evaluate the expected performance of Lockheed (LMT) for the quarter ended December 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Lockheed (LMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Lockheed Martin stands as the premier beneficiary of an unprecedented surge in global defense spending, driven by severe geopolitical instability. LMT's $179 billion backlog, record F-35 deliveries, and leadership in missile defense position it for robust multi-year revenue and cash flow visibility. The Golden Dome missile shield and PAC-3 production ramp are transformative catalysts, with LMT's technical and operational edge making it the prohibitive frontrunner.
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Lockheed Martin has outperformed the S&P 500 since October, but its upside is now limited to 9% with a $629.83 price target. LMT's growth prospects hinge on securing major new defense platforms like the Golden Dome project, as free cash flow growth is stagnating. Share repurchases no longer drive meaningful upside; 100% of free cash flow is already returned to shareholders, and dividend yield is unremarkable.
Lockheed Martin could gain from a proposed U.S. defense budget hike to $1.5T by 2027, boosting long-term funding for jets, missiles and other Pentagon programs.
The latest trading day saw Lockheed Martin (LMT) settling at $558.3, representing a +1.28% change from its previous close.